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The American ambassador expects an agreement between Pakistan and the IMF “in a few days” MIGMG News

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US ambassador predicts deal between Pakistan and IMF ‘within days’

ISLAMABAD: US Ambassador to Pakistan Donald Blom has said that Washington fully supports Pakistan in its efforts to continue with the stalled $6.5 billion bailout program from the International Monetary Fund.

Speaking to reporters at a ceremony in Islamabad on Tuesday, the ambassador said the United States wanted an agreement between Pakistan and the IMF and was ready to work with Pakistan to help on the matter.

The US ambassador further said he expected matters between Pakistan and the global lender to be “resolved in a few days”.

Read more: The government is committed to the agreement with the IMF
Ambassador Blom expressed Washington’s willingness to help Pakistan with the ongoing challenge of terrorism. He further emphasized that there has been significant progress in diplomatic relations between the two countries.

The IMF and Pakistan have been in talks over a stalled aid package since late last year, with Pakistan seeking a $1.1 billion tranche to deal with a worsening balance of payments crisis.

The two sides were engaged in negotiations to reach a mutually acceptable package that would help Pakistan emerge from its current economic turmoil.

Also read: Prime Minister accused Imran of obstructing the agreement with the IMF.

Finance Minister Ishaq Dar said last week that Pakistan would reach a staff-level agreement with the IMF within days as the government remains committed to completing the $6.5 billion loan program.

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